T.R | Title | User | Personal Name | Date | Lines |
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1100.1 | Go Easy | YUPPY::DAVIESA | She is the Alpha... | Wed Nov 07 1990 11:29 | 28 |
|
I feel for you.
I'm not in that position myself (yet - mercifully) but a friend told
me that it feels like an unnecessary, slow, lingering death.
Take care of yourself.
Spoil yourself, even.
Eat sometimes.
Exercise.
See your friends.
Get into your hobbies outside of work.
Uncertainty is a very, very stressful thing. I tend to think of the
worst thing that can happen, and then put in place a contingency
plan to help me survive it. If I know I can cope with the worst, the
rest looks a bit brighter.
If it's any consolation, I've had friends who've been "rightsized"
tell me that it was a blessing in disguise - it gave them the
push to change things in their lives that they'd "never gotten around
to". Maybe that sounds glib at this point....that's understandable.
Good luck,
And let us know what happens.
'gail
|
1100.2 | No,no. Don't DRINK it! | DEC25::BRUNO | Never give up on a good thing | Wed Nov 07 1990 11:47 | 14 |
| It seems to be affecting the general atmosphere at our site. Even
those who consider themselves "safe" seem to have shorter tempers
sometimes and engage in "gallows humor" at other times. I can't say
that it is crippling the place, actually many people are working much
harder. However, I understand that more counselors had to be hired for
EAP.
I agree with the suggestion for exercise. A heart-thumping hike
in the mountains was my favorite way to end a rough day before it got
cold out here, now I seem to spend a lot of time on that demonic
StairMaster at the YMCA. It does help. I sleep well, and it takes my
mind off of work. A gallon of sweat per day keeps the shrink at bay.
Greg
|
1100.3 | A miserable situation, for sure! | CADSYS::HECTOR::RICHARDSON | | Wed Nov 07 1990 12:38 | 38 |
| Ugh, what a miserable situation!
The stress is getting to everybody - in groups where no official
announcement has been made (like the one I work in), the rumors fly,
and morale is poor. People spend a lot of time looking over their
shoulders. Of course, I still have three friends (two of them former
DECcies) who work at Wang Labs - things could be a good deal worse!
I second the advice the other replies have given: force yourself to eat
right, exercise, get enough sleep. Letting yourself get run down
physically will make whatever happens harder to deal with. Try to keep
up your normal leisure activities, too - if you usually play volleyball
at the Y one night a week, keep it up. Whether you get offered the
"package" or not, you know you will have a lot of changes to face, most
of which will look like changes for the worst: friends and coworkers
gone leaving more work for the remaining people, yourself job-hunting
full-time, or whatever. So, spend some time figuring out alternatives.
Our building had a counsellor give a lunchtime seminar on the subject -
I'm trying to recall all the points she made. Update your own resume,
and check your own personal network, in case you end up needing to find
a new job. Check out the JOBS notes file (OASS::JOBS) for potentially
interesting leads.
One middle-aged manager I know is taking the second "package" as
early retirement, and is joining the Peace Corps - without doing
something quite so drastic, you could use the job loss as a chance to
change to a completely different field. An engineer I know took the
first package (yes, it was a much better deal, but he hadn't been with
the company all that long anyways) and found a job in a legal firm,
where he hopes to fulfill his dream of becoming a patent attorney - he
is very happy about the change. I've heard the story, too, if two
engineers who took the money, went to Los Vegas and blew the entire
amount at the casinos, and still have not found new jobs - I would
categorize that as definitely the wrong approach!
Good luck!
/Charlotte
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1100.4 | | LEZAH::BOBBITT | sniff -- it's a Kodak Moment... | Wed Nov 07 1990 14:21 | 14 |
| I'd say prepare your resume and whatever else you can so you're ready
*just in case*.
In addition, do attend to other things that are meaningful for you, and
that make you feel worthwhile, capable, competent, and productive. I
discovered when they canceled a project I had been working on two years
that I felt this tremendous VACUUM of worthlessness where the project
USED to be. If I hadn't had hobbies or other "investments" of my time
and energy that were still "paying off", I could easily see taking much
longer to "recover" (my self-esteem, my feelings of productiveness and
value, etc....) from the situation....
-Jody
|
1100.5 | Think Ahead | HENRYY::HASLAM_BA | Creativity Unlimited | Wed Nov 07 1990 16:18 | 9 |
| You may want to consider planning your life "as if" it will happen
to you. Do everything you can to prepare for a parting of the ways.
Seek new avenues now as if it was really going to happen. Some
people might say you will be creating a "self-fulfilling" prophecy,
but at least you won't be unprepared. It will also give you something
productive to work on while you wait.
Wishing you well,
Barb
|
1100.6 | fighting to win? or just survive? | DEC25::BERRY | The SIMPSONS are back! | Mon Nov 26 1990 07:48 | 12 |
| From what I understand, the "package" won't exist anymore. Stress is running
in my group too. There were 10 of us. Now there's 8. Come March, 3 more will
be given notice. Morale has to be very low all over DEC, everywhere.
Come spring, when they walk folks, it'll be a LAY-OFF, plain and simple.
I'm afraid that the company is worse off than most realize or want to believe.
I'm afraid that these measures of getting rid of head counts is only putting
off what is yet to come anyhow....
-dwight
|
1100.7 | Another monster? | YUPPY::DAVIESA | She is the Alpha... | Mon Nov 26 1990 08:34 | 24 |
| Re -1
>From what I understand, the "package" won't exist anymore
Hey Dwight - I hadn't heard that....
Do you mean that, if you're "rightsized" after a certain date, there
won't be any compensation of any kind?
>I'm afraid that these measures of getting rid of head counts is only
>putting off what is yet to come anyhow....
It could get worse?
I thought that "rightsizing" *was* the monster under the bed...
Is there another, bigger one?
Let's voice our fears. Personally, I'd rather be upfront about it.
(whimper)
'gail
|
1100.8 | | CONURE::MARTIN | I know alllll about you! | Mon Nov 26 1990 12:13 | 3 |
| Wouldn't be speakin 'bout the ell word now would you Dwight?
:-)
|
1100.9 | don't tell 1/2 truths | CUPMK::DROWNS | this has been a recording | Thu Nov 29 1990 13:55 | 8 |
|
Dwight,
How do you know all this? Is it fact or are you guessing?
bonnie
|
1100.10 | | NRUG::MARTIN | I know alllll about you! | Thu Nov 29 1990 19:18 | 3 |
| Bonnie, in your entry you ask for spacifics.. I.E., "Is it fact...."
but then in your title, you accuse Dwight of telling "1/2 truths".....
great way to communicate and learn....
|
1100.11 | re: .9 (drowns), I'm not fortune teller, but... | DEC25::BERRY | I'm Bart Simpson. Who the Hell are you? | Mon Dec 03 1990 04:11 | 130 |
| >>>>>-< don't tell 1/2 truths >-
I had no intention of doing so.
>>>How do you know all this? Is it fact or are you guessing?
Of course I can't say that a "lay off" is a fact, but based on what I have
witnessed and read in memos, there's no doubt that it's coming. Two years ago,
I saw much of this coming, based on memos and news articles. When I use to
tell some folks that the company was in trouble, they laughed. Now here we
are, paying people to "please leave." We're having 5 people do the work of 50.
We're following a trend of bringing in temps to do the work, as they don't cost
us as much and we owe them nothing.
But that's not enough. And recent memos about DEC, Wall Street, and stock, all
point to what must come to be.... a "lay off." It amazes me how some people
can't see the writing on the wall. No one wants it, but these are stressful
times, and just because DEC's never had one, means nothing. There's a first
for everything.
Personally, I feel that, (again, based on memos and news articles), that DEC
is ready for it, and that they are holding off until after the holidays. I
think it will become obvious in Q3. I feel that the it's down to.. "let'em
enjoy the holidays, then give'em the bad news." Watch for memos and major
meetings happening in Q3.
Many feel like DEC will rebound in about a year, that they just need to get rid
of some "dead weight." I've heard this a bunch. You probably have too. But I
don't think that's accurate either. Yea, maybe to a degree it has *some*
truth, but many *good* people are leaving too. But at no time has the PACKAGE
been satisfactory. It's NEVER been enough. And, when you keep trimming away
at the fat, you're bound to get some of the meat as well.
Often, it will come down to "being in the right group at the wrong time."
The fellow who's been predicting all the quakes, and has predicted the BIG ONE,
(the New Madrid Fault), doesn't convince all the science experts, but they
still have to look at how many times he's gone to bat and hit homeruns.
All I'm saying is you don't have to be a graduate in business to see what's
coming. Every day, when you read mail, you get more clues. And the morale
around the company, speaks for itself. It's very stressful, coming to work,
reading mail after mail about cut-backs, packages, stock, Wall Street, etc.,
and trying to find motivation to do your job. I hope that someone at Corporate
is aware of this fact.
I'm attaching a memo that has been going across the net via mail. You've
probably seen it. Headers are removed.
Good luck, -dwight
Digital - Divided strategy for layoffs
{The Boston Globe, 23-Nov-90, p. 62}
[This is the entire article - TT]
Now that Digital has concluded that layoffs re all but inevitable, the
company faces the tougher problem of determining just how deeply to cut its
work force.
Senior managers are sharply divided over the issue. The result is a
cautiousness that is hampering the company's efforts to reverse a two-year
slide in profits.
For example, Digital announced Tuesday night that it will close its plant in
Phoenix. It will try to find other jobs for the plant's 476 employees, but it
[7m VNS COMPUTER NEWS [1m Moreqq>[m
(B)0[m[J conceded that some layoffs - it's first since founder Kenneth H. Olsen set up
his machine shop 33 years ago - are likely.
Yet it was less than a year ago that it tried to save the plant by phasing
out most manufacturing and trimming the payroll with an expensive buyout
package. The shutdown seems to be a tacit admission that voluntary severance
and other half-measures are not enough.
"It's been a noble experiment," says John Adams, who follows Digital for
Adams, Harkness & Hill in Boston.
Indeed, Wall Street's frustration with Digital could be seen in its reaction
to the news of the closing of its Phoenix facility. Digital's stock fell 2 3/8
Wednesday to 49 3/8, a drop analyst George Elling of Merrill Lynch attributed
to disappointment that the company still shies away from quickly laying off
unneeded workers.
"Investors read this as DEC still pussyfooting around," he said.
Thus many Digital executives favor heeding the advice of Wall Street, where
analysts say it must slash as many as 20,000 jobs if it is to remain
competitive with leaner rivals. This camp notes that Digital produces about
$106,000 in revenue per employee, whereas the figure at Sun Microsystems is
nearly double that.
But others at the company argue that such comparisons are simplistic because
[1;7m<qqMore [;7m VNS COMPUTER NEWS [1m Moreqq>[m
(B)0[m[J Digital sells everything from personal computers to mainframes while Sun
cranks out only workstations. This camp insists that drastic cuts would kill
the progressive paternalism nurtured by Olsen and leave Digital crippled when
the economy turns around and computer sales eventually rebound.
Complicating matters is the fact that Digital has overhauled virtually its
entire product line in the past year. Some Digital executives say they should
wait to see if the new products spark a pickup in sales, which would ease the
pressure to make heavy job reductions.
Decision-making is never a quick process among Digital's consensus-minded
executives. Nevertheless, Digital watchers say the handwringing will soon come
to an end.
"The current reading in the organization is that they would like to avoid
layoffs until after the holiday season," says John Logan, a consultant with
the Aberdeen Group in Boston. "We expect severe layoffs after Jan. 1."
Logan believes that Digital's managing executive committee will instruct the
heads of many business units to carry out the cuts as they see fit. This
decentralized approach makes it hard to calculate how many jobs are at risk,
Logan says, though he estimates that 10,000 to 15,000 workers will eventually
get pink slips. Digital employs 30,000 in Massachusetts and 123,000 worldwide.
The reason Digital must reduce its work force is twofold. The computer
[1;7m<qqMore [;7m VNS COMPUTER NEWS [1m Moreqq>[m
(B)0[m[J business, especially in the United States, is in an extended slump, which has
been aggravated by the general economic downturn. At the same time, the entire
industry is being transformed by the advent of so-called "open systems," which
allow users to mix and match equipment from different vendors. This shift has
left suppliers like Digital, which were accustomed to the fat profit margins
commanded by their proprietary systems, with costs that are way out of line
with the profit margins possible in the open systems world.
"Digital is now paying the piper for ... the years when things were so
expansive" and it hired in big numbers, says analyst Stephen Cohen of
Stamford, Conn.-based Soundview Financial Group.
Cohen thinks Digital will begin significant layoffs, but not in the numbers
that "the hawks on Wall Street are calling for."
Nearly one out of four Digital employees works in Massachusetts, so layoffs
will likely hit hard here. In addition to its headquarters in Maynard, Digital
has substantial operations in Boston, Franklin, Hudson, Marlborough,
Shrewsbury, Springfield, Westfield and Westminster.
|
1100.12 | | EN::DROWNS | this has been a recording | Mon Dec 03 1990 16:17 | 9 |
|
Thanks for taking the time to clear things up. I've been hearing
so many different things that it's hard to believe any of it.
I guess we can only wait.
Happy Holidays!
Bonnie
|
1100.13 | | TRACTR::HOGGE | Dragon Slayer For Hire...Crispy! | Mon Dec 03 1990 16:46 | 38 |
| Getting back to the base note...
I went throug hthe first transition... It wasn't easy... I debated as
to if I should "take the money and run" or "stick it out". I choose
to stick it out... then had to fight with hiring freezes and wbudget
cuts that drove me crazy every time I interviewed for a position...
I tried to take advantage of the "retraining.." That was a lost cause
as I didn't have basic skills enough to interest or prove myself to
any managers capable of sponsoring me for any of the programs... I
tried to take advantage of the "unsponsored" opening in some of the
classes only to find that I was up agains better qualified people
looking for the same openings and ultimatly get turned down...
I learned my leasson... starting this semester I'm going back to
school. I "lucked" into my current position and got into it just
before another hiring freeze fell. It wansn't easy... thankfully I
was able to take advantage of EAP and voice my problems (and beat on
walls) while I was going through it.... I found a position that won't
be going away for a long while and that means security for a while
longer. It meant traveling from one coast to the other and agains the
flow (most people are heading west) But, I'm secure now...I dealt with
it and servived and all I can say is hang in there think carefully and
use ALL the advantages you have NOW... don't put it off... start
looking
for a new position NOW you can turn it down if you don't get offered
the package.
The preceeding info was a lot of "should" "may" and "might" little hard
fact and I would like to point out that before the package came along
Digital was supposedly "washed up" with "no hope" It isn't a fact that
Digital is going to start laying off yet... so hang tuff but don't
write it off.
I guess it bils down to "wiat and see" but don't wait and lay ideal...
but the time to use... start sending out your resume and looking about
and you'll have that much more to your adbvantage if you get the offer
If you don't you can always turn down the offers you might receive.
Skip
|
1100.14 | didn't take'em long, did it? | DEC25::BERRY | The Dwight Berry | Thu Jan 10 1991 09:23 | 126 |
|
<<< QUARK::NOTES_DISK:[NOTES$LIBRARY]HUMAN_RELATIONS.NOTE;1 >>>
-< What's all this fuss about 'sax and violins'? >-
================================================================================
Note 1100.11 Stress due to "The Package" 11 of 13
DEC25::BERRY "I'm Bart Simpson. Who the Hell are y" 130 lines 3-DEC-1990 04:11
-< re: .9 (drowns), I'm not fortune teller, but... >-
--------------------------------------------------------------------------------
>Personally, I feel that, (again, based on memos and news articles), that DEC
>is ready for it, and that they are holding off until after the holidays. I
>think it will become obvious in Q3. I feel that the it's down to.. "let'em
>enjoy the holidays, then give'em the bad news." Watch for memos and major
>meetings happening in Q3.
>Often, it will come down to "being in the right group at the wrong time."
Worldwide News LIVE WIRE
New phase of U.S. downsizing announced
Increasingly intense competitive pressure within the computer industry --
business practices, technological advances and manufacturing efficiencies --
are placing added pressures on the company's cost structure, in spite of
ongoing cost reduction efforts that focused on increased productivity and
efficiency and two voluntary downsizing programs.
An analysis of the results of these efforts has been completed and was
reviewed this week by the Corporate Operations Committee and the Executive
Committee. This analysis shows that those cost reduction efforts, while
impressive, have simply not been enough, in light of the increased pressures
applied by economic conditions.
As a result, a new phase of the U.S. downsizing effort, involving involuntary
selection methods, has been approved effective immediately. The decision to
move into a new phase was finalized yesterday.
Worldwide News LIVE WIRE
New phase of U.S. downsizing announced
Increasingly intense competitive pressure within the computer industry --
business practices, technological advances and manufacturing efficiencies --
are placing added pressures on the company's cost structure, in spite of
ongoing cost reduction efforts that focused on increased productivity and
efficiency and two voluntary downsizing programs.
An analysis of the results of these efforts has been completed and was
reviewed this week by the Corporate Operations Committee and the Executive
Committee. This analysis shows that those cost reduction efforts, while
impressive, have simply not been enough, in light of the increased pressures
applied by economic conditions.
As a result, a new phase of the U.S. downsizing effort, involving involuntary
selection methods, has been approved effective immediately. The decision to
move into a new phase was finalized yesterday.
Worldwide News LIVE WIRE
New phase of U.S. downsizing, cont'd
As we move ahead into this phase, it is critical for everyone to try to
grasp the full impact of the intense competitive and economic forces at
play. Those pressures are driving fundamental changes in this company and
this industry. And even as business improves, we can no longer expect things
to "return to normal," as many of us assumed in past economic downturns.
This phase is different in two ways from prior phases. It will involve
involuntary methodology, and while a financial support package will be
offered, it will be somewhat less generous.
While we need to move ahead quickly, we also intend to proceed in a rational
and orderly way that will not disrupt business. This program is a U.S.
program. Other downsizing programs will continue to be implemented outside
the U.S., based upon business conditions, local laws, customs, and
traditions, on a country-by-country basis.
Worldwide News LIVE WIRE
New phase of U.S. downsizing, cont'd
Regarding methodology, two primary factors will determine whether an employee
is selected: 1) his or her work has gone away; 2) he or she is selected from
a larger group being reduced based on performance (i.e., the last documented
performance rating, as indicated on the employee's most recent performance
evaluation). If additional selection steps are required, they will be based
on additional performance criteria (those details are being further refined
and will be finalized shortly.)
The elements of the financial support package include a lump sum payment
based on years of service to the company; maintenance of medical, dental,
and life insurance coverage for a period represented by the total payments,
not to exceed one year; formal outplacement/employment assistance;
and, where applicable, five-year acceleration of any restricted stock
options. This latter element is subject to approval by the Compensation
Stock Option Committee (CSOC). There is no open-window period as before.
Worldwide News LIVE WIRE
New phase of U.S. downsizing, cont'd
Though the manner in which the payment will be made has been structured
differently than in previous programs to accommodate certain legal
requirements, the total payments will be as follows:
0 - 2 years of service 13 weeks of pay
3 - 10 years of service 13 weeks of pay, plus three weeks
of pay for every year of service
between three and ten years.
11 - 20 years of service 37 weeks of pay, plus four weeks
of pay for every year of service
between eleven and twenty years.
77 weeks of pay will be the maximum
financial bridge available.
Worldwide News LIVE WIRE
New phase of U.S. downsizing, cont'd
The progress of this program will be assessed periodically, and we will
endeavor to communicate relevant information to managers and employees as
quickly as possible through the appropriate communication channels.
|